Banks extend 16% of Govt.-guaranteed loans to SMEs

Romanian banks have already extended state-guaranteed loans worth RON 2.45 billion (EUR 510 mln) to small and medium-sized enterprises (SMEs) under the IMM Invest program. "There are 3,083 companies that took financing under IMM Invest. The total value of the loans granted is RON 2.45 bln. The pace of submitting loan requests has accelerated," finance minister Florin Citu announced on June 4, quoted ...

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